Above 55-WMA To Target............>

EURO-DOLLAR TECHS: Above 55-WMA To Target $1.2004-53

*RES 4: $1.2008 55-DMA

*RES 3: $1.2004 200-DMA

*RES 2: $1.1891 55-WMA

*RES 1: $1.1854 High May 16

*PRICE: $1.1765 @ 0430GMT

*SUP 1: $1.1729 21-DMA 

*SUP 2: $1.1724 Low June 8 

*SUP 3: $1.1708 Low June 6 

*SUP 4: $1.1616 Low June 1

*COMMENTARY: Hesitation ahead of $1.1854-91 last week is less than ideal for

bulls who need a close above the 55-WMA to shift immediate focus back to

$1.2004-53 where the 55 & 200-DMAs are situated. The dip below the 21-DMA Friday

is a concern for bulls but a close below $1.1708 remains needed to return

initial focus to $1.1506-1.1616 where 2018 lows are located. Daily studies now

approaching O/B is a concern for bulls.